Brammo and Polaris aim for the stars

Oct 28, 2011 • Robert Lavine

Polaris Industries has helped electric motorcycle manufacturer Brammo to close its series B round at $28m.

Sporting activity and electric vehicle manufacturer Polaris Industries made an investment of an undisclosed size in electric motorcycle manufacturer Brammo on Wednesday, bringing Brammo’s series B round to $28m. Other participants in the round were investment firm Alpine Energy and private equity firm Northport Investments.

Brammo previously raised $12.5m in financing from corporate venturing unit Best Buy Ventures and venture capital firm Chrysalix in September last year.

Founded in 2002, Brammo has designed, developed and manufactured a range…

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